Anbang Insurance Group news

Hotel operators Marriott International and Starwood have received approval from the Chinese Ministry of Commerce on their merger – the last regulatory approval required. The ... More

Chinese corporation Anbang Insurance Group is reportedly preparing to extensively overhaul New York’s world-famous Waldorf Astoria Hotel, in order to convert two-thirds of its guest ... More

The on-again off-again merger of Starwood Hotels & Resorts and Marriott International looks set to go ahead after shareholders of both companies voted en masse ... More

Bangkok-based interior designer Bill Bensley, UK hospitality designers G.A. Design and international architects Gensler are among the creators of the latest property opened by hotel ... More

The consortium lead by Anbang Insurance Group has withdrawn its proposal to acquire Starwood, paving the way for the Marriott/Starwood merger to move ahead. Anbang ... More

The Chinese consortium led by Anbang Insurance Group that is trying to buy Starwood has upped its offer, making it “reasonably likely to lead to ... More

Starwood has received a new bid from the Chinese consortium that wants to buy it and has notified Marriott of its intention to terminate the ... More

Global hotel giant Starwood has received a surprise US$12.8bn (€11.5bn, £8.9bn) takeover offer from a group led by China’s Anbang Insurance Group, which could scupper ... More

The Baccarat Hotel in Manhattan – which Beijing-based Sunshine Insurance bought from hotel manager Starwood for US$230m (€210m, £154m) earlier this year – reopened on ... More

The Waldorf Astoria hotel in New York is being sold to a Chinese company for nearly US$2bn (€1.6bn, £1.2bn), but Hilton will continue to manage ... More